Rulings
HC: Rejects KMP’s writ seeking to restrain SFIO from investigating Bhushan Power’s affairs
NCLAT: Financial assistance towards working capital, a ‘financial debt’, not operational
HC: Quashes arbitral-award owing to incorrect computation of land compensation
HC: Revenue can approach NCLT for recovery action against debtor during moratorium period
SC: Quashes lower Court judgments ‘re-appreciating’ matter, ‘modifying’ arbitral award
HC: Appeal against counterclaim denial not subject to pre-deposit under Recovery of Debts Act
HC: Upholds Trial Court’s ‘plausible’ decision to refer parties to arbitration, refuses interference
IBBI: Securing creditor’s interest cannot be construed as ‘creation of security interest’
SC: “Insolvency set-off under IBC not automatic, self-executing”; Rejects Airtel’s set-off claim in Aircel’s CIRP
NFRA: Slaps Rs. 50 lakh penalty on CA for shoddy tax certification
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